| Income Statement for TEGNA Inc. |
| (Amounts are in millions) |
|
12/2017 |
|
12/2016 |
|
12/2015 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$1,903.03 |
|
$3,341.20 |
|
$3,050.95 |
| Cost of Goods Sold |
|
$933.72 |
|
$1,038.67 |
|
$923.34 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$969.31 |
|
$2,302.53 |
|
$2,127.61 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$346.77 |
|
$1,125.97 |
|
$1,009.36 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$622.54 |
|
$1,176.56 |
|
$1,118.25 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$76.64 |
|
$204.49 |
|
$205.09 |
| Non-Operating Income |
|
($24.90) |
|
($27.61) |
|
($16.59) |
| Interest Expense |
|
$210.28 |
|
$232.01 |
|
$273.63 |
|
|
|
|
|
|
|
| Pretax Income |
|
$310.72 |
|
$712.45 |
|
$622.94 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
($137.25) |
|
$216.98 |
|
$202.31 |
| Minority Interest |
|
($58.70) |
|
$51.30 |
|
$63.16 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$447.96 |
|
$495.47 |
|
$420.62 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
($232.92) |
|
($7.47) |
|
$102.06 |
|
|
|
|
|
|
|
| Net Income |
|
$273.74 |
|
$436.70 |
|
$459.52 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$1.27 |
|
$2.02 |
|
$2.04 |
| Diluted Earnings Per Share |
|
$1.26 |
|
$1.99 |
|
$2.00 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
215.59 |
|
216.36 |
|
224.69 |
| Weighted Average Diluted Shares Outstanding |
|
217.48 |
|
219.68 |
|
229.72 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$235.35 |
|
$510.89 |
|
$330.34 |
| Income From Non-Recurring Items |
|
$212.62 |
|
($66.71) |
|
$27.11 |
| Diluted Earnings Per Share before extras |
|
$1.08 |
|
$2.33 |
|
$1.44 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$1,911.01 |
|
$120.07 |
|
$1,802.36 |
| Dividend Per Share (common) |
|
$8.88 |
|
$0.56 |
|
$8.13 |
|
